Fears about Minister Dlodlo weren't unfounded. Six months into the job, she's been accused of issuing illegal interception orders, writes Adriaan Basson.
Sasol this week hit its lowest level in ten years, as it plumbed R254 a share, a price last seen in 2009
The price of petrol will increase by 11 cents per litre from August 7
How many litres of petrol can you buy with an average salary in Africa and around the world? We find out...
While the petrol price may be headed for a 10c a litre drop in in June, the new carbon tax on fuel of nine cents per litre is expected to cancel out the decrease, according to a projection by the AA.
The price of petrol looks set to increase by 43 cents per litre in March according to unaudited mid-month fuel price data, the Automobile Association said on Friday.
New consumer price index (CPI) data from StatsSA shows that fuel costs are officially 23.1% higher than a year ago. The good news: phones are getting cheaper fast, and package holidays are also dropping in price.
The latest cut in the petrol price is a welcome relief, to be sure, and will help December road-trippers and logistics companies some – but the price of fuel is anything but tamed.
At a launch event for the initiative, Pick n Pay founder Raymond Ackerman called on expats to return to South Africa.
The Automobile Association announced on Thursday that, based on current oil prices, SA motorists could expect substantial drops in the prices of petrol and diesel for December.
The price of oil may rise on speculation Saudi Arabia’s admission that a columnist was killed in the country’s consulate in Istanbul will strain the kingdom’s ties with the US.
Based on current data, the 95 octane petrol price was due for an 11% cut.
How do South Africans' salaries stack up against the price of petrol?
The petrol price will decrease by nearly R1 from July 3
The Department of Energy has announced an increase of 54 cents a litre for 93 and 95 octane unleaded petrol for the month of May.
While consumers may welcome a cap on the fuel price, it may not be viable for government, according to Mazars.
Uber SA says the increase will help its drivers, who apparently earn less per trip than rival Taxify drivers.
South Africa’s Department of Energy proposed changes to the structure of the nation’s basic fuel price as it seeks to reduce the cost of gasoline and diesel.
"Large reductions in fuel prices are being forecast for December," according to the Automobile Association commenting on mid-month fuel price data,
'Fuel prices have moderated during October, with the prospect of some relief for petrol users, although users of diesel will have to cough up more,' says the AA.
The war of attrition against fuel price corruption has begun. A new initiative has been launched to combat the rampant corruption in the fuel price.
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